Toronto home prices softened significantly in 2025, defying earlier strong predictions.
Reports forecast rising sales activity even as unit prices continue downward pressure.
Some forecasts treat 2026 as a “soft reset,” not true recovery.
Immigration and population growth could trigger latent housing demand rebound.
Rising construction costs and tariffs may slow supply, altering future balance.
Home sales data for 1st month of the HST rebate window is out. Here’s what the numbers show
In April, 1,100 new homes sold in the GTA, nearly triple last year's 384, driven mainly by a rise in single-family home sales (901 vs. 241). Condo sales increased to 199 from 143. The HST...